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Redbox deployments grow, but is the model profitable?
April 7, 2009
Tech Products & Geek News:Redbox is a big player in the DVD kiosk business. But as these DVD-rental kiosks become more prolific, the revenue from individual kiosks is dropping. Redbox has discovered that more locations doesn't mean more places for people to rent from, and each location gets a smaller piece of the rental pie. Now that Blockbuster is branching out and placing its own kiosks, redbox will experience even less traffic at its current locations. Now owned by Coinstar, redbox holds about 6 percent of the estimated $8.2 billion movie disk rental business.
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